PASCAL ISTA
ActiveSummary
PASCAL ISTA has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €213k and a net result of €27k. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 57% of 143 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+6
Solvency78▲+8
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.12 in 2023; short-term debt: 42.5% and cash: 39.5% of total assets), and 47.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 02
Relative position
BE, all sectors
reference
Sector 02
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
86 d late
2022
92 d late
2021
94 d late
2020
91 d late
2019
146 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€27k▲ 298%
2023 · €7k
2018: €-10k
2019: €-9k
2020: €9k
2021: €18k
2022: €19k
2023: €7k
2018 → 2024
Working capital
€63k▲ 189%
2023 · €22k
2018: €129k
2019: €119k
2020: €131k
2021: €130k
2022: €146k
2023: €22k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€287k-€305k▲ 6.2%€324k▲ 6.1%€187k▼ 42.4%€213k▲ 14.2%
Operating result€9k-€21k▲ 124%€20k▼ 3.9%€8k▼ 59.2%€38k▲ 361%
Net result€9k-€18k▲ 107%€19k▲ 3.2%€7k▼ 63.9%€27k▲ 298%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 361% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €404k
Fixed assets
€169k ▼ 19.3%
Current assets
€235k ▲ 15.9%
Equity and liabilities €404k
Equity
€213k ▲ 14.2%
Debt
€191k ▼ 15.4%
Debt's share of the balance-sheet total falls from 54.7% to 47.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€110k▲
2023 · €90k
Cash flow
€98k▲
2023 · €88k
Current ratio
1.37▲
2023 · 1.12
Quick ratio
1.34▲
2023 · 1.09
Debt to equity
0.89▼
2023 · 1.21
ROE
12.5%▲
2023 · 3.6%
ROA
6.6%▲
2023 · 1.6%
Interest coverage
111.44▲
2023 · 67.98
Debt ≤ 1 year
€172k▼
2023 · €181k
Debt > 1 year
€19k▼
2023 · €45k
Income taxes
€11k▲
2023 · €509
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€412k€404k▼
Fixed assets21/28€210k€169k▼
Tangible fixed assets22/27€209k€169k▼
Plant, machinery and equipment23€13k€15k▲
Furniture and vehicles24€59k€57k▼
Leasing and similar rights25€92k€58k▼
Other tangible fixed assets26€45k€39k▼
Financial fixed assets28€320€320=
Current assets29/58€202k€235k▲
Stocks and contracts in progress3€5k€5k▲
Stocks30/36€5k€5k▲
Amounts receivable within one year40/41€73k€67k▼
Trade receivables40€29k€38k▲
Other amounts receivable41€44k€29k▼
Cash at bank and in hand54/58€121k€160k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€412k€404k▼
Equity10/15€187k€213k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€65k€85k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€49k€49k=
Distributable reserves133€10k€30k▲
Profit (loss) carried forward14€103k€109k▲
Amounts payable17/49€226k€191k▼
Amounts payable after more than one year17€45k€19k▼
Financial debts170/4€45k€19k▼
Amounts payable within one year42/48€181k€172k▼
Current portion of amounts payable after more than one year42€29k€26k▼
Trade debts44€4k€300▼
Suppliers440/4€4k€300▼
Taxes, remuneration and social security45€391€3k▲
Taxes450/3€391€3k▲
Other amounts payable47/48€147k€143k▼
Accrued charges and deferred income492/3€163-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€71k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€94k€114k▲
Operating profit (loss)9901€8k€38k▲
Financial income75/76B€408€542▲
Recurring financial income75€408€542▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€1k€985▼
Non-recurring financial charges66B€216€147▼
Profit (loss) for the period before taxes9903€7k€38k▲
Income taxes67/77€509€11k▲
Profit (loss) for the period9904€7k€27k▲
Profit (loss) for the period to be appropriated9905€7k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€103k€129k▲
Profit (loss) brought forward from the previous period14P€96k€103k▲
Transfer to equity691/2-€20k
To other reserves6921-€20k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 30 days late
2024
31-12
Financial
Highest result since 2018net €27k ▲298%
Operating result €38k, net result €27k, both a record.
31-12
Financial
Equity above €200kEq €213k ▲14.2%
5 profitable years in a row build equity to €213k.
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 86 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 92 days late
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 94 days late
2021
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 91 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 146 days late
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 86 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 60 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gouvy · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Courtil 656671 GouvyGround area
1,677 m²
Building footprint
170 m²
Parcel 82007E0420/00N000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Courtil 65 B, 6671 Gouvy
since 20032.126.827.641
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82007E0420/00N000 | Wallonia | 1,677 m² | 1 · 170 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
HICK Jean et Cie
BE 0445.765.577
Plombières · Eq €211k
MONTAGNE SAINT JACQUES - SINT JACOBSBERG
BE 0452.752.844
Ukkel · Eq €216k
Victor POCHET
BE 0428.100.986
Bouillon · Eq €217k
BOMANS LOUIS
BE 0447.508.708
Oudsbergen · Eq €218k
FORETBOT
BE 0440.401.774
Bièvre · Eq €219k
Of 1,556 companies in sector 02200 we hold annual accounts for 449. 331 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2003
Fiscal year end31-12
Activities, NACEBEL 2025
02200Logging
46130Agents in the wholesale of timber and building materials
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.